Chinese Academy of Sciences-backed laser-diode chip foundry Everbright Photonics has now raised $63.3m since it was founded in 2012.

Everbright Photonics, a China-based laser-diode chip maker backed by Chinese Academy of Sciences (CAS), has closed an RMB150m ($21.2m) series C round involving a subdivision of state-owned investment holding group State Development and Investment Corp (SDIC), China Money Network has reported. The deal was led by securities brokerage Huatai Securities with participation from Nanjing Daofeng…

The rest of this content is only accessible to Global University Venturing Subscribers.

This content is only accessible to subscribers. If you are a subscriber, please sign in. Otherwise, if you would like to try before you buy and haven't previously taken out a free trial, you can do so below. You can also see details on subscriptions by clicking the Subscription Options button.